Security Bancorp MHC and Security Savings Bank, of Monmouth, Illinois, are pleased to announce that Brad Ray has been named as the next President. Ray has been in banking for 28 years and worked for Roseville State Bank, Monmouth Trust and Savings Bank, Midwest Bank of Western Illinois and most recently Rabo Bank. He will succeed Stan Jenks as President. Jenks will continue to serve as Chief Executive Officer of both organizations until his retirement later this year.
Security Savings Bank is a $200 million community bank that offers a full line of business, agricultural, mortgage, consumer deposit and lending services. Security Savings Bank has offices located in Monmouth and Stronghurst, Illinois.
Brad’s family roots began in northern Henderson County and he and his family have lived in the Monmouth area for many years. Stan Jenks commented, “Brad is a successful banker who brings a proven talent in lending to the bank. He is also skilled in communicating and is well-known, respected and trusted by those he has worked with as well as the community at large. Brad’s support of the communities that Security Savings Bank serves, his knowledge of banking and its new horizons and his support of the vision and values of Security Savings Bank will enable him to lead the long-term success of Security Savings Bank.”
